Management priorities of tax reform in Ukraine: implementation of international experience

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The paper proves that the Ukrainian economy’s systematic structural crises stipulated the necessity of choosing the effective forms of tax mechanism for its regulation. Systemic and institutional methods have been used to study the peculiarities of Ukrainian tax regulation. The methods of coefficient and relative values have been used to assess certain parameters of the tax burden. The dynamics of statistical data have been studied by the method of trend analysis. To determine the impact of the current tax system of Ukraine on economic growth, the authors tested several hypotheses about the dependence of the tax system and: GDP (1), industrial production (2), exports (3), investment dynamics (4), and unemployment rate (5) using econometric analysis with the package-statistical module EViews. The existence of a directly proportional relationship between the growth of tax revenues to the budget of Ukraine and the change of certain macroeconomic indicators is substantiated. It was found that the total tax burden on business in Ukraine reaches 41.5% of corporate profits, which exceeds similar indicators in most European countries. A tax regulation mechanism to stabilize the Ukrainian economy is proposed, in particular: proposals to revise tax rates, implement macroeconomic risk management tools, customs post-audit while providing transparency of tax legislation and its harmonization with the EU Customs Code, digitalization of the service component of tax administration.

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    • Figure 1. Dynamics of tax revenues in the state and consolidated budgets of Ukraine
    • Figure 2. Indirect tax structure in Ukraine in 2020
    • Figure 3. Algorithm of tax reform in Ukraine
    • Figure 4. Ranking positions of Ukraine on institutional regulation of business activity in 2019–2020
    • Table 1. Main indicators of economic development of Ukraine in 2014-2019
    • Table 2. Dynamics of tax burden formation in Ukraine in 2014–2019
    • Data curation
      Yuriy Turyanskyy, Irena Svydruk, Orystlava Sydorchuk, Nataliіa Mitsenko
    • Formal Analysis
      Yuriy Turyanskyy, Irena Svydruk, Nataliіa Mitsenko, Olga Klepanchuk
    • Investigation
      Yuriy Turyanskyy, Irena Svydruk
    • Software
      Yuriy Turyanskyy, Irena Svydruk
    • Supervision
      Yuriy Turyanskyy, Irena Svydruk, Olga Klepanchuk
    • Visualization
      Yuriy Turyanskyy, Irena Svydruk, Nataliіa Mitsenko
    • Writing – original draft
      Irena Svydruk, Orystlava Sydorchuk, Nataliіa Mitsenko, Olga Klepanchuk
    • Conceptualization
      Orystlava Sydorchuk, Olga Klepanchuk
    • Methodology
      Orystlava Sydorchuk, Olga Klepanchuk
    • Project administration
      Orystlava Sydorchuk, Nataliіa Mitsenko, Olga Klepanchuk
    • Validation
      Orystlava Sydorchuk, Olga Klepanchuk
    • Writing – review & editing
      Orystlava Sydorchuk, Olga Klepanchuk